Goldman Sachs Clients Get Access to ETH Futures and Options

Major investment bank Goldman Sachs has announced plans to launch Ethereum futures and options trading. The products are expected to appear on the bank’s platform in the coming months.

As the head of Goldman Sachs for digital assets, Mathew McDermott, said, even the drop in the bitcoin rate to $ 30,000 did not reduce the interest of the bank’s clients in cryptocurrencies.

“We do see a lot of interest in cryptocurrency trading from clients, especially since current levels are a more acceptable entry point,” McDermott said.

A top manager at Goldman Sachs added that according to a survey of bank clients, every tenth institution has already invested in cryptocurrencies, and another 20% of those surveyed said that they are interested in digital assets. At the same time, Asian hedge funds are in no hurry to invest in bitcoin and other cryptocurrencies.

“The adoption of digital assets by institutional investors will continue. Despite the significant correction in cryptocurrency rates, we see a lot of interest in this industry, ”concluded McDermott.

Earlier, Goldman Sachs COO John Waldron said the bank’s clients are showing a growing interest in Bitcoin and other digital assets.

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